by Staff Reporter | Jul 1, 2016 | News
Mr Morrison indicated that transitional provisions will apply to SMSF members that were engaged in “sophisticated financing techniques” to purchase assets within an SMSF. In effect, some SMSF members who were relying on non-concessional contributions to honour...
by Staff Reporter | Jun 30, 2016 | News
MYOB’s bi-annual business monitor survey, a national survey of more than 1,000 SMW owners, revealed that the gloss has well and truly worn off the government in the eyes of Australian business.”The results tell two stories,” said MYOB. “On the...
by Staff Reporter | Jun 29, 2016 | News
Of the almost 1,400 employers (1,376) audited throughout every state and territory, 988, or 72 per cent, were compliant with their record-keeping and payslip obligations, while 46 businesses were ordered to back-pay a total of $620,023 to 336 of their workers who had...
by Staff Reporter | Jun 28, 2016 | News
Chief executive officer Andrew Conway said the IPA was particularly pleased last year, when the federal budget reflected the association’s “signature policy recommendation” of a cut in the small business tax rate via the small business income tax...
by Staff Reporter | Jun 24, 2016 | News
This is one of the major conclusions within the latest annual Business Acquisition and Impairment Review (2016) by national accounting firm RSM Australia (RSM) which has been assessing the financial reporting impact of recent acquisitions on the financial statements...
